Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.
(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)
Uniform Law: This section is based upon § 506 of the Uniform Trust Code.
Structure District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 13 - Uniform Trust Code
Subchapter V - Creditor’s Claims; Spendthrift and Discretionary Trusts
§ 19–1305.01. Rights of beneficiary’s creditor or assignee
§ 19–1305.02. Spendthrift provision
§ 19–1305.03. Exceptions to spendthrift provision
§ 19–1305.04. Discretionary trusts; effect of standard [Reserved]
§ 19–1305.05. Creditor’s claim against settlor